The auction results of the Bank of Botswana Certificate (BoBC) maturing on July 25, 2012 are summarised below.

DATE: July 10, 2012

Issue BoBC250712
Total Subscribed (P million) 2 493.596
Total Allotment (P million) 2 044.406
Stop-Out Price (P) 99.822
Stop-Out Yield (percent) 4.75
Simple Rate (percent) 4.65
Weighted average yield of winning bids (percent) 4.69
Simple rate for weighted average winning bids (percent) 4.60
Weighted average price of winning bids (P) 99.824
Minimum winning bid yield (percent) 4.54
Maximum bid yield (percent) 4.81
Days to Maturity 14

Note: BoBC 250712 – BIDS  AT AND ABOVE P99.822 RECEIVED FULL ALLOTMENT.